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Analysis of Opportunities in the Indian LED Lighting Market

Analysis of Opportunities in the Indian LED Lighting Market

The revenue of the Indian Light-emitting Diode (LED) lighting market, valued at $􂀀million in 2014, is expected to reach $􂀀 million in 2020, growing at a CAGR of 􂀀% from 2014 to 2020.

The manufacturing of LED lighting components will intensify, as the ‘Make in India’ campaign encourages greater investment in manufacturing and opens up export potential.

In January 2015, the government launched a nation-wide program in Delhi to distribute LED home lights and street lights under the Domestic Efficient Lighting Programme (DELP) scheme.

The idea of automating and remaining connected has percolated down to lighting solutions; LED lighting products are expected to act as enablers in this regard.

Remarkable interest has been generated in smart lighting solutions, especially in remote control and intelligent lighting solutions in the residential and commercial segments.

Development of global standards development by the Zhaga Consortium, known as Zhaga Books, will be a shot in the arm for LED participants and will mark the decline of legacy lighting technologies.

Design, research and development, and manufacturing capability of LED lights and luminaires is still minimal in India; most designs are either sourced from overseas R&D centers of global participants or from China.

About this report

This research service on the Indian Light Emitting Diode (LED) market provides detailed market forecasts, drivers and restraints, market shares, and competitive analyses of participants for the period 2014 to 2020. With the Indian Government switching to LED for all street lamps and public-space lighting, the market is gaining pace. LED-lighting focused companies have recognized the abundant opportunities in the Indian market and are strategizing to tap into them optimally. The growth of LEDs has also enhanced the growth of related markets such as control devices, dimmers, occupancy or photo sensors, timers, lighting-only networks, and Home Energy Management (HEM) systems.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Study Scope-Segment Coverage and Application Areas
    • Top 10 Technologies and Markets to Watch for in the Future
    • Global Initiatives in Green Lighting Products
    • Global LED Lighting Scenario
    • Asia-An Emerging Market for LED Lighting
    • Comparison of Global and Indian LED Lighting Market Trends
    • Indian Power Situation-Calls for LED Adoption
    • Recent Developments in the Indian LED Lighting Market
    • Market Segmentation
  • Drivers and Restraints-Total LED Lighting Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total LED Lighting Market
    • Market Engineering Measurements
      • Table Total LED Lighting Market: Market Engineering Measurements, India, 2014
    • Forecast Assumptions
    • The LED Lighting Value Chain
    • Performance of an LED Light
    • Some Limitations of LED Lighting
    • Choosing an Appropriate LED Lighting Solution
    • India LED Lighting Standards-An Imminent Need
    • India LED Lighting Standards-Implementation Benefits
    • Indian Standards on LED Lighting
    • LED Penetration in General Lighting
    • Revenue Forecast
      • Table Total LED Lighting Market: Revenue Forecast, India, 2011-2020
    • LED Lighting Market-Import and Export
    • Opportunity Analysis by End-user Application
    • Distribution Models
    • Intelligent or Smart Lighting
    • LED Lighting Market-Pricing Trends
    • LED Street Lighting-Pricing Trends
  • Market Share and Competitive Analysis-Total LED Lighting Market
    • Market Share
    • Market Share Analysis
    • Contract Manufacturing Scenario
    • Margin Analysis
      • Table Total LED Lighting Market: Gross Margins Trends-Conventional Versus Pure Play, India, 2009, 2012, and 2017
    • Classification of Tiers in the LED Lighting Industry
    • Avni Energy Solutions Pvt. Ltd.
    • Bajaj Electricals Limited
    • Crompton & Greaves Limited
    • De Core Sciences & Technologies Ltd.
    • GE Lighting India Ltd.
    • Goldwyn Limited
    • Halonix Technologies Limited
    • Havells India Limited
    • Instapower
    • Kripa Lights
    • MIRC Electronics Limited
    • Osram India
    • Philips Lighting
    • Thorn Lighting
    • WIPRO Lighting
    • NTL Lemnis
    • Philips Lighting-SWOT Analysis
    • Havells Lighting-SWOT Analysis
    • OSRAM-SWOT Analysis
    • Wipro Lighting-SWOT Analysis
    • NTL Lemnis-SWOT Analysis
  • Street Light Segment Analysis
    • Market Engineering Measurements
      • Table Street Light Segment: Market Engineering Measurements, India, 2014
    • Street Light Segment Revenue Forecast
      • Table Street Light Segment: Revenue Forecast, India, 2011-2020
    • Street Light Segment-Revenue Forecast by Demand Type
      • Table Street Light Segment: Revenue Forecast by Demand Type, India, 2011-2020
    • Street Light Segment-Revenue Forecast by Project Type
      • Table Street Light Segment: Revenue Forecast by Project Type, India, 2011-2020
    • Street Light Segment-Grid and Solar
    • Revenue Forecast Discussion
    • Street Light Segment-Working Models
    • Street Light Segment-Rural and Urban Project Implementation
    • List of Active Tenders for LED Street Lights
  • Railways Segment Analysis
    • Market Engineering Measurements
      • Table Railways Segment: Market Engineering Measurements, India, 2014
    • Railways Segment-Revenue Forecast
      • Table Railways Segment: Revenue Forecast, India, 2011-2020
    • Revenue Forecast Discussion
  • Government Building/Public Infrastructure Segment Analysis
    • Market Engineering Measurements
      • Table Government Building/Public Infrastructure Segment: Market Engineering Measurements, India, 2014
    • Government Building/Public Infrastructure Segment-Revenue Forecast
      • Table Government Building/Public Infrastructure Segment: Revenue Forecast, India, 2011-2020
    • Revenue Forecast Discussion
  • Commercial Segment Analysis
    • Market Engineering Measurements
      • Table Commercial Segment: Market Engineering Measurements, India, 2014
    • Commercial Segment-Revenue Forecast
      • Table Commercial Segment: Revenue Forecast, India, 2011-2020
    • Revenue Forecast Discussion
    • CSR Initiatives Driving LED Adoption
    • Snapshot of CSR Spending in India
      • Table Industry-wise CSR Spend in Various Sectors, India, 2012-13
  • Industrial Segment Analysis
    • Market Engineering Measurements
      • Table Industrial Segment: Market Engineering Measurements, India, 2014
    • Industrial Segment-Revenue Forecast
      • Table Industrial Segment: Revenue Forecast, India, 2011-2020
    • Revenue Forecast Discussion
  • Residential Segment Analysis
    • Market Engineering Measurements
      • Table Residential Segment: Market Engineering Measurements, India, 2014
    • Residential Segment-Revenue Forecast
      • Table Residential Segment: Revenue Forecast, India, 2011-2020
    • Revenue Forecast Discussion
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • List of Companies in "Others"
    • Abbreviations and Acronyms Used
  • Value Chain Analysis
    • Global LED Lighting Value Chain
    • Finding Value in LED Lighting
    • Growing Challenges in Substrate Manufacturing
    • Packaging Offers the Greatest Scope for Cost Reduction Through Process Improvements, in the LED Industry
    • LED Phosphors-Trends and Opportunities
    • The Role of Quantum Dots (QD) in LED Lighting
    • Phosphors Versus Quantum Dots
    • Thin Film Flip Chip (TTFC)-Overview
    • Alternating Current (AC) LEDs
    • High Voltage (HV) LEDs
    • AC and HV LEDs-Key Opportunities
    • Emerging Lighting Technologies
    • Comparison Between OLED, QD-LED, and PLED
    • Technology Lifecycle
  • Role of Government Policies
    • Overview of Indian ESDM Ecosystem
    • Evaluation of Semiconductor Ecosystem
    • Industry Challenges
    • Factors Necessary for Fostering the Growth of the Industry
    • Factors Explained
    • National Policy on Electronics
    • Electronics Manufacturing Clusters (EMC)
    • Modified Special Incentive Package Scheme (MSIPS)
    • National Manufacturing Policy
    • Setting up Semiconductor Fabs
    • Electronics Development Fund
    • Overall Impact of Government Policies

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